MIGG AS

5918 FREKHAUG

Finances

Return on Equity

−2,23 %

Current Ratio

1,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 000	1 082 000	66 000	1 076 000
Net Income	−109 000	827 000	−149 000	689 000
Total Assets	5 463 000	6 978 000	7 107 000	8 268 000
Total Equity	4 884 000	6 063 000	7 036 000	7 384 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 000	1 082 000	66 000	1 076 000
Expenditure	188 000	256 000	219 000	391 000
Operating Profit	−120 000	826 000	−152 000	685 000
Financial Income	11 000	1 000	4 000	4 000
Financial Costs	0	0	0	0
Financial Balance	11 000	1 000	4 000	4 000
Earnings Before Tax	−109 000	827 000	−149 000	689 000
Tax	0	0	0	0
Net Income	−109 000	827 000	−149 000	689 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 339 000	5 423 000	978 000	976 000
Total Current Assets	1 124 000	1 555 000	6 129 000	7 292 000
Total Assets	5 463 000	6 978 000	7 107 000	8 268 000
Total Retained Equity	4 307 000	5 486 000	6 459 000	6 807 000
Total Equity	4 884 000	6 063 000	7 036 000	7 384 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	580 000	915 000	72 000	883 000
Total Equity and Debt	5 463 000	6 978 000	7 107 000	8 268 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	67 000	1 082 000	66 000	56 000
Other Income	0	0	0	1 020 000
Revenue	67 000	1 082 000	66 000	1 076 000
Cost of Goods Sold	59 000	105 000	103 000	214 000
Salary Costs	1 000	1 000	1 000	1 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	188 000	256 000	219 000	391 000
Operating Profit	−120 000	826 000	−152 000	685 000
Financial Income	11 000	1 000	4 000	4 000
Financial Costs	0	0	0	0
Financial Balance	11 000	1 000	4 000	4 000
Dividends	1 070 000	1 800 000	200 000	1 035 000
Net Income	−109 000	827 000	−149 000	689 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	20 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	20 000	0	0	0
Total Fiancial Fixed Assets	4 319 000	5 423 000	978 000	976 000
Total Fixed Assets	4 339 000	5 423 000	978 000	976 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 090 000	1 555 000	547 000	934 000
Total Current Assets	1 124 000	1 555 000	6 129 000	7 292 000
Total Assets	5 463 000	6 978 000	7 107 000	8 268 000
Total Equity	4 884 000	6 063 000	7 036 000	7 384 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	29 000	75 000	71 000	76 000
Unpaid Taxes	1 000	233 000	1 000	208 000
Dividends	1 070 000	1 800 000	200 000	1 035 000
Other Current Debt	0	607 000	0	0
Total Current Debt	580 000	915 000	72 000	883 000
Total Equity and Debt	5 463 000	6 978 000	7 107 000	8 268 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,23 %	13,64 %	−2,12 %	9,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−179,1 %	76,34 %	−230,3 %	63,66 %
Current Ratio	1,94	1,7	85,13	8,26
Quick Ratio	1,94	1,7	85,13	8,26
Equity Ratio	0,89	0,87	0,99	0,89
Gross Profit Margin	11,94 %	90,3 %	−56,06 %	80,11 %